Ghana’s power sector is facing a potential crisis as Karpowership, the operator of the Aboadze power barge, has warned it will suspend electricity supply unless the government clears an outstanding debt of $379 million.
The warning was issued during a meeting on 10 February between Energy and Green Transition Minister John Abdulai Jinapor and officials from Karpowership.
The debt, owed by the state-run Electricity Company of Ghana (ECG), adds to the country’s growing energy sector liabilities, which have now exceeded $3 billion.
Mr Jinapor, acknowledging the urgency of the situation, appealed to Karpowership to delay any drastic action while the new administration explores payment options.
However, with the International Monetary Fund (IMF) repeatedly highlighting Ghana’s energy debt as a major financial risk, pressure is mounting for urgent reforms.
The IMF has urged sweeping changes to prevent the sector from collapsing under mounting financial strain.
